Ventilation Market Shows Great Potential in China

According to the All View Cloud (AVC), the ventilation system market has been expanding its scale in China, from 860,000 units in 2017, 1.06 million units in 2018, to 1.46 million units in 2019, presenting a compound annual growth rate (CAGR) of over 30%. AskCL Consulting estimated that nearly 2.47 million units of ventilation systems will be sold in China in 2021.